7310 Haskell Avenue, Van Nuys, CA 91406

Located in a highly desirable rental location, close to business and industry, this 6 unit building has plenty of potential. Rents are almost $2,800 below market. Market rents could be as high as $1,700 per month and current rentals range from $990 to $1,500 per month. The property also needs some loving TLC to bring it up to the standard it should be. Aggressive management and patience will make this property potentially climb in value over time. It is freeway close and located near business and industry, which makes for a short commute for many workers and the tenants who live here. This property is priced at about two times the median price of single family residences in the area. This would also make for an excellent property to exchange into from a smaller investment property.